The choice of housing is one of the major decisions facing households and all must decide whether a home should be owned or rented. In Canada, 64.2% and in the United States 67.8% of households now own their homes and this figure has been gradually increasing after a period of decline during the 198...

The mean monthly excess returns and pre- and postrevision period cumulative excess returns over the whole sample period (CARs) and for each year were then calculated for the two revision portfolios (Table 2, next page). In the months leading to a forecast revision, the results are as expected, given...

Furthermore, if analysts revise their earnings expectations for a company, share prices are expected to shift in the direction of that forecast revision in the period the revision is announced. In the period subsequent to the revision, security returns should be random. The extent of the share price...

Research conducted considers the quality of security analysts' earnings forecasts by testing the rationality of forecast revisions for Canadian companies. It appears that when making small positive revisions, analysts overreact; in subsequent periods, forecasts are revised downward. Large positive r...

According to many surveys of individual's financial goals, the vast majority of North Americans wish to retire prior to age 65. The problem is, very few individuals have a documented plan and savings pattern that will allow them to achieve the goal of early retirement. This paper presents and descri...